Chemical Engineering Plant Economics (MCQs)
Pick out the wrong statement.
- A. Debt-equity ratio of a chemical company describes the lenders contribution for each rupee of owner’s contribution i.e., debt-equity ratio = total debt/net worth
- B. Return on investment (ROI) is the ratio of profit before interest & tax and capital employed (i.e. net worth + total debt)
- C. Working capital = current assets + current liability
- D. Turn over = opening stock + production closing stock
